Cents


More Money Could Flow From Banksia Class Action

Former Banksia investors could win a further two cents in the dollar in Supreme Court settlement. Richmond Sinnott and Delahunty Accountants is among a number of parties as part of a possible settlement with former Banksia investors. FORMER investors in the failed financial institution Banksia could expect a moderate windfall in the coming months as a $13.25 million Supreme Court settlement …


3 More Bay Area Counties Sued Over High Jail Phone Rates

Three more Bay Area counties are facing class action lawsuits for the cost of phone calls to and from jails, an expensive process that critics argue unfairly burdens inmates’ families by making them pay excessive fees to keep in touch with loved ones. A group of attorneys who have already filed several lawsuits on the matter in Southern California filed their fourth lawsuit in …


20 Years After “boom-Boom Room” Lawsuit, It’s Still Tough for Women on Wall Street

Twenty years ago this month, 23 women came together to file a major class-action lawsuit against Wall Street brokerage house Smith Barney, claiming widespread sexual harassment and pay discrimination. Close to 2,000 women ended up joining the complaint which became known as the “boom-boom room” suit, borrowing the name of a seedy sounding party room in the basement of a Smith Barney branch in …


California Protects Pay by Gender, Is Race Next?

Just as California businesses begin to implement a law requiring equal pay for workers regardless of their gender, already the toughest of its kind in the nation, a state lawmaker is seeking to expand it to protect employees from racial discrimination. The proposal by Sen. Isadore Hall would build on California’s existing fair pay law by adding “race or ethnicity” to …